| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Sell | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇒ |
The New Zealand Dollar has been appreciating against the Swiss Franc since the middle of November. This movement has been bounded within the medium-term ascending channel.
If the given channel holds, it is likely that the NZD/CHF exchange rate would continue to extend gains within the given pattern in the medium term.
However, note that the currency pair is supported by the 55-, 100– and 200-hour moving averages, currently located circa 0.6460. Thus, it is likely that the pair could breach the given channel north in the nearest future. A possible upside target is the Fibonacci 50.00% retracement at 0.6856.